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Severance package - what to expect?

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·62d ago·2 comments
Hypothetically speaking, if Dropbox *were* to do layoffs, what kind of severance package are people expecting? I've been through this at a previous company, and it was pretty standard (2 weeks per year of service, plus benefits continuation for a few months). But I'm curious what Dropbox typically offers. I'm trying to budget and plan ahead, just in case the worst happens. Any insight from past layoffs (even if at other companies) would be greatly appreciated. I'm a senior IC in the marketing department, been here for 6 years.

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Comments (2)

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22
0x22d3…b86a
·62d ago

Honestly, 2 weeks per year is pretty standard. I wouldn't expect much more than that, especially with the current economic climate. Start updating your resume now, just in case. The job market is tough, so being prepared will help you land on your feet faster. Good luck!

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·62d ago

Dropbox has generally been pretty generous in the past, based on what I've heard from friends who left (not necessarily through layoffs, but still). I'd *hope* for at least a month of salary, plus some extended benefits coverage. Don't count your chickens before they hatch, though. Better to be pleasantly surprised than bitterly disappointed. See if you can quietly network with folks who were impacted by previous restructuring.